Real Estate Investment Properties for Sale in Salem, VA

Looking for investment property in Salem, VA with high ROI ?

Explore a variety of short-term homes & houses in Salem, VA. Invest wisely with VRBO & Salem, VA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Salem, VA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
36 N Bruffey St Salem, VA Gorgeous Salem, Virginia cottage offering true one-level living with 3 bedrooms and 1 bath...	3 beds \| 1 baths \| 1,046 sq.ft.	$260,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 6.15% Airbnb Rental Income: $1412 Traditional Rental Income: $2090 Airbnb ROI: 1.74% Traditional ROI: 6.15%
2537 South Clearing Rd Salem, VA Enjoy easy living in this well-maintained 2 bedroom, 2 bathroom townhome located in Salem....	2 beds \| 2 baths \| 1,538 sq.ft.	$324,950	Airbnb cash on cash: -1.85% Traditional cash on cash: 2.7% Airbnb Rental Income: $695 Traditional Rental Income: $1780 Airbnb ROI: -1.85% Traditional ROI: 2.7%
6861 Campbell Dr Salem, VA Beautiful 4 Bedroom home nestled on scenic 2.32 acres with wooded mountain views! Home fea...	4 beds \| 2 baths \| 2,997 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.01% Airbnb Rental Income: $null Traditional Rental Income: $2474 Airbnb ROI: N/A Traditional ROI: 3.01%
1925 Willis St Salem, VA Discover affordable single level living in Salem with this charming 2-bedroom home featuri...	2 beds \| 1 baths \| 1,680 sq.ft.	$195,525	Airbnb cash on cash: -0.41% Traditional cash on cash: 6.06% Airbnb Rental Income: $695 Traditional Rental Income: $1591 Airbnb ROI: -0.41% Traditional ROI: 6.06%
4630 Deer Trail Dr Salem, VA Welcome to this charming log-style home on 5.46 private acres in Salem with mountain views...	3 beds \| 3 baths \| 3,053 sq.ft.	$649,950	Airbnb cash on cash: -0.48% Traditional cash on cash: 2.59% Airbnb Rental Income: $1412 Traditional Rental Income: $2844 Airbnb ROI: -0.48% Traditional ROI: 2.59%
5506 New Pleasant Way Salem, VA New Subdivision in Roanoke County/Glenvar School district. 1 level living with Open Floor ...	3 beds \| 2 baths \| 1,675 sq.ft.	$399,950	Airbnb cash on cash: 0.23% Traditional cash on cash: 3.51% Airbnb Rental Income: $1412 Traditional Rental Income: $2218 Airbnb ROI: 0.23% Traditional ROI: 3.51%
919 Logan St Salem, VA HARDWOOD FLOORS REFINISHED 7/30/25 CAME OUT BEAUTIFUL. BEST OF SALEM AREA, LOCATION AND SC...	3 beds \| 2 baths \| 2,730 sq.ft.	$285,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 4.73% Airbnb Rental Income: $1412 Traditional Rental Income: $1885 Airbnb ROI: 1.38% Traditional ROI: 4.73%
5594 Old Grove Ln Salem, VA This Subdivision is in Roanoke County/Glenvar School district. 1 level living with Open Fl...	3 beds \| 2 baths \| 1,675 sq.ft.	$402,500	Airbnb cash on cash: 0.24% Traditional cash on cash: 4% Airbnb Rental Income: $1412 Traditional Rental Income: $2422 Airbnb ROI: 0.24% Traditional ROI: 4%
5510 New Pleasant Way Salem, VA This home is complete and ready for it's new owner. This home has 4 bedroom with Primary B...	4 beds \| 2 baths \| 2,070 sq.ft.	$404,750	Airbnb cash on cash: N/A Traditional cash on cash: 4.15% Airbnb Rental Income: $null Traditional Rental Income: $2508 Airbnb ROI: N/A Traditional ROI: 4.15%
5548 Old Grove Ln Salem, VA The Charleston Plan has been the most popular for the builder and this particular home has...	3 beds \| 2 baths \| 1,685 sq.ft.	$424,950	Airbnb cash on cash: 0.07% Traditional cash on cash: 3.2% Airbnb Rental Income: $1412 Traditional Rental Income: $2249 Airbnb ROI: 0.07% Traditional ROI: 3.2%
938 Roanoke Blvd Salem, VA Back on market (no fault of Seller, inspection report available to review) very motivated,...	4 beds \| 1 baths \| 2,990 sq.ft.	$374,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.2% Airbnb Rental Income: $null Traditional Rental Income: $2183 Airbnb ROI: N/A Traditional ROI: 4.2%
1744 High Gate Ln Salem, VA SELLERS ARE MOTIVATED TO SELL!!! SELLERS TO PAY $10,000 TOWARDS LENDER APPROVED BUYER CONC...	4 beds \| 3 baths \| 3,624 sq.ft.	$520,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.65% Airbnb Rental Income: $null Traditional Rental Income: $2818 Airbnb ROI: N/A Traditional ROI: 3.65%
400 Walnut Rd Salem, VA Amazing home in the heart of Salem surrounded by 7 pristine acres and walking distance to ...	4 beds \| 2 baths \| 3,875 sq.ft.	$1,275,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.18% Airbnb Rental Income: $null Traditional Rental Income: $2838 Airbnb ROI: N/A Traditional ROI: 1.18%
1445 Gratton St Salem, VA Welcome to 1445 Gratton St, a charming 2-bedroom, 2-bathroom home in the heart of Salem, V...	2 beds \| 2 baths \| 1,008 sq.ft.	$274,950	Airbnb cash on cash: -0.31% Traditional cash on cash: 4.38% Airbnb Rental Income: $695 Traditional Rental Income: $1604 Airbnb ROI: -0.31% Traditional ROI: 4.38%
2356 W Riverside Dr Salem, VA ONE OWNER HOME ON OVER 2 ACRES IN TOWN! HOME FEATURES 3 BEDROOMS, 1 BATH, DINING ROOM, REP...	3 beds \| 1 baths \| 1,637 sq.ft.	$259,950	Airbnb cash on cash: 1.85% Traditional cash on cash: 4.41% Airbnb Rental Income: $1412 Traditional Rental Income: $1626 Airbnb ROI: 1.85% Traditional ROI: 4.41%
2824 Beldon Dr Salem, VA 2.6 acres on Masons Creek with home nestled in the woods awaits you! Bring your fishing ro...	2 beds \| 1 baths \| 1,734 sq.ft.	$229,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 4.91% Airbnb Rental Income: $695 Traditional Rental Income: $1499 Airbnb ROI: -0.08% Traditional ROI: 4.91%
2503 Gatehouse Ln Salem, VA Hard to find 3 bedroom condo in Ridgewood. Walk straight in from the parking lot. 3 bed 2 ...	3 beds \| 2 baths \| 1,352 sq.ft.	$249,950	Airbnb cash on cash: 0.67% Traditional cash on cash: 3.75% Airbnb Rental Income: $1412 Traditional Rental Income: $1744 Airbnb ROI: 0.67% Traditional ROI: 3.75%
216 Wilson St Salem, VA SELLER OFFERING $3,000 Concession for improvements. Move-In Ready Gem in Salem! Walk to Ev...	2 beds \| 1 baths \| 944 sq.ft.	$215,555	Airbnb cash on cash: -0.36% Traditional cash on cash: 4.47% Airbnb Rental Income: $695 Traditional Rental Income: $1375 Airbnb ROI: -0.36% Traditional ROI: 4.47%
1818 High Gate Ln Salem, VA This spacious home features good natural light with mountain views and fenced back yard. ...	4 beds \| 3 baths \| 4,018 sq.ft.	$585,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.17% Airbnb Rental Income: $null Traditional Rental Income: $3392 Airbnb ROI: N/A Traditional ROI: 4.17%
2158 River Oaks Dr Salem, VA Now available! This beautiful colonial home, located in Russlen Farms is ready for you! Th...	5 beds \| 4 baths \| 4,211 sq.ft.	$699,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.67% Airbnb Rental Income: $null Traditional Rental Income: $4312 Airbnb ROI: N/A Traditional ROI: 4.67%
964 Hill Ave Salem, VA Welcome to 964 Hill Ave, a charming 2-bedroom, 1-bath home nestled on a spacious 0.25-acre...	2 beds \| 1 baths \| 1,000 sq.ft.	$209,995	Airbnb cash on cash: 0.1% Traditional cash on cash: 5.06% Airbnb Rental Income: $695 Traditional Rental Income: $1379 Airbnb ROI: 0.1% Traditional ROI: 5.06%
3648 Mcdaniel Dr Salem, VA This brand new ranch is located in the Glenvar area and conveniently located to Christians...	3 beds \| 2 baths \| 1,547 sq.ft.	$350,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 3.61% Airbnb Rental Income: $1412 Traditional Rental Income: $2023 Airbnb ROI: 0.62% Traditional ROI: 3.61%
2868 Silver Leaf Dr Salem, VA Beautifully updated split-foyer home in Glenvar school district featuring 4 spacious bedro...	4 beds \| 2 baths \| 2,080 sq.ft.	$328,950	Airbnb cash on cash: N/A Traditional cash on cash: 4.76% Airbnb Rental Income: $null Traditional Rental Income: $2100 Airbnb ROI: N/A Traditional ROI: 4.76%
3519 Mcdaniel Dr Salem, VA The well kept sprawling brick ranch located in the heart of Glenvar is waiting for you! It...	3 beds \| 2 baths \| 2,268 sq.ft.	$379,950	Airbnb cash on cash: 0.66% Traditional cash on cash: 3.34% Airbnb Rental Income: $1412 Traditional Rental Income: $1945 Airbnb ROI: 0.66% Traditional ROI: 3.34%
1610 Cascades Ct Salem, VA BEAUTIFUL ONE OWNER PATIO HOME..MAY BE PURCHASES FURNISHED. OPEN AND BRIGHT..COULD BE CLAS...	2 beds \| 2 baths \| 1,646 sq.ft.	$420,000	Airbnb cash on cash: -1.51% Traditional cash on cash: 1.54% Airbnb Rental Income: $695 Traditional Rental Income: $1591 Airbnb ROI: -1.51% Traditional ROI: 1.54%
4901 Glenvar Hights Boulevard Salem, VA Back On Market Due To No Fault Of Seller's. Welcome to the exceptional custom brick ranch...	5 beds \| 5 baths \| 4,952 sq.ft.	$494,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.88% Airbnb Rental Income: $null Traditional Rental Income: $4122 Airbnb ROI: N/A Traditional ROI: 6.88%

Real Estate investment in Salem, VA

There are 102 properties for sale in the city of Salem . The median list price in Salem is $435,900 and the average price per square foot is $224. In March 2026, the average monthly cash on cash return in Salem is 4.00%. The average monthly rental income in Salem is $2,100.

Salem, VA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 102 investment properties available for sale in Salem.

In 2026, the best neighborhood to buy investment property is Salem.

The ROI for Short-Term is higher than the Long-Term in Salem with average rental income of $1,412.

Your search for investment property begins and ends here

Investment Property for Sale in Salem, VA

36 N Bruffey St

Salem, VA

3 beds | 1 baths | 1,046 sq.ft.

$260,000

Airbnb cash on cash: 1.74%

Traditional cash on cash: 6.15%

Airbnb Rental Income: $1412

Traditional Rental Income: $2090

Airbnb ROI: 1.74%

Traditional ROI: 6.15%

2537 South Clearing Rd

Salem, VA

2 beds | 2 baths | 1,538 sq.ft.

$324,950

Airbnb cash on cash: -1.85%

Traditional cash on cash: 2.7%

Airbnb Rental Income: $695

Traditional Rental Income: $1780

Airbnb ROI: -1.85%

Traditional ROI: 2.7%

6861 Campbell Dr

Salem, VA

4 beds | 2 baths | 2,997 sq.ft.

$525,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.01%

Airbnb Rental Income: $null

Traditional Rental Income: $2474

Airbnb ROI: N/A

Traditional ROI: 3.01%

1925 Willis St

Salem, VA

2 beds | 1 baths | 1,680 sq.ft.

$195,525

Airbnb cash on cash: -0.41%

Traditional cash on cash: 6.06%

Airbnb Rental Income: $695

Traditional Rental Income: $1591

Airbnb ROI: -0.41%

Traditional ROI: 6.06%

4630 Deer Trail Dr

Salem, VA

3 beds | 3 baths | 3,053 sq.ft.

$649,950

Airbnb cash on cash: -0.48%

Traditional cash on cash: 2.59%

Airbnb Rental Income: $1412

Traditional Rental Income: $2844

Airbnb ROI: -0.48%

Traditional ROI: 2.59%

5506 New Pleasant Way

Salem, VA

3 beds | 2 baths | 1,675 sq.ft.

$399,950

Airbnb cash on cash: 0.23%

Traditional cash on cash: 3.51%

Airbnb Rental Income: $1412

Traditional Rental Income: $2218

Airbnb ROI: 0.23%

Traditional ROI: 3.51%

919 Logan St

Salem, VA

3 beds | 2 baths | 2,730 sq.ft.

$285,000

Airbnb cash on cash: 1.38%

Traditional cash on cash: 4.73%

Airbnb Rental Income: $1412

Traditional Rental Income: $1885

Airbnb ROI: 1.38%

Traditional ROI: 4.73%

5594 Old Grove Ln

Salem, VA

3 beds | 2 baths | 1,675 sq.ft.

$402,500

Airbnb cash on cash: 0.24%

Traditional cash on cash: 4%

Airbnb Rental Income: $1412

Traditional Rental Income: $2422

Airbnb ROI: 0.24%